Business

A company should preferably not be dependent on two directors with 50 per cent of its shares each The shareholding or management structure of a company may create problems when a ...

Europe is seeking to use emissions and residues from winemaking for new products ranging from animal feed to antibiotic alternatives. By Alex Whiting In Palmela, a wine region near Portugal’...

The top US consumer financial watchdog recently proposed to regulate tech giants’ digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack ...

Big Tech firms will face new European Union rules to clearly label political advertising on their platforms, who paid for it and how much and which elections are being targeted, ...

Amazon (AMZN.O) is investing millions in training an ambitious large language model (LLMs), hoping it could rival top models from OpenAI and Alphabet (GOOGL.O), two people familiar with ...

Rejecting Turkey’s energy proposals is not enough. Cyprus should also be ready with counter-proposals that could contribute to reviving and speeding-up the Cyprus talks By Dr Charles Ellinas and ...

Shiba Inu (SHIB), Solana (SOL), and VC Spectra (SPCT) are emerging as noteworthy contenders in the race for growth and value. With SHIB token burns spiking dramatically to foster scarcity, ...

Here are the top business stories in Cyprus from the week starting November 6: The total value of non-performing loans (NPLs) in the Cypriot banking system at the end of August 2023 ...

Economic stakeholders this week convened at this year’s annual Economist Conference in Cyprus to explore the need for revitalising the country’s development model and strategise ways to address ...

By Maria Demertzis On 20 October, S&P Global Ratings raised the Greek economy’s credit rating back to investment grade. That was seen by many, in Greece and beyond, ...

Ebay (EBAY.O) forecast fourth-quarter revenue and profit below Wall Street estimates on Tuesday and joined other e-commerce platforms in sounding the alarm on weaker-than-expected consumer spending. San Jose, California-based ...

Nintendo (7974.T) made a pitch for the ongoing match fitness of its aging Switch console on Wednesday, as the Kyoto-based gaming company continues to churn out hits even as the ...

Samsung and Qualcomm are among those opposing India’s choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device’s ...

The precious metal’s role as far back as antiquity offers a window into the rise and fall of past civilisations. By Gareth Willmer Vikings, traditionally depicted as primitive bearded ...

A number of technology and business experts this week stressed that while Cyprus holds great promise as a technological destination, more efforts are needed to establish a knowledge-based economy on ...

The Cyprus Chamber of Commerce & Industry (Keve) announced this week that, according to a statement based on the 31st edition of the annual Economic Survey by the Association of ...

Cyprus’ trade deficit for the period of January to September 2023 reached €6.49 billion, compared to €5.8 billion during the same period in 2022, marking an increase of €685.1 million, according to a report released ...

The overall solvency index of the Cypriot banking sector rose to 23.3 per cent in the second quarter of 2023, up from 21.7 per cent in the first quarter of the year, marking ...

Bumble (BMBL.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday in a sign that sticky inflation and growing competition were weighing on user spending on its dating apps, ...

China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its employees outside the United States for $160 apiece, a source familiar with the ...

Pricewaterhouse Coopers (PwC) Australia on Wednesday announced hundreds of job cuts citing a slowing economy and the after-effects of a national scandal over leaked tax documents as a major audit ...

In a recent address at the 11th Annual Energy Symposium, Nikos Trypatsas, Deputy General Director of the Cyprus Stock Exchange (CSE), underscored the significant interest the exchange has shown in ...

The 2nd World Collaborative Women in Investment Management (CWIM) Global Summit, entitled “Connect, Collaborate, Celebrate 2023: Building Bridges,” took place yesterday, November 9. Furthermore, the conference, which, according to an announcement, attracted ...

A new meeting between the government and foreign investors is scheduled to take place at the Presidential Palace in Nicosia on November 20, according to an announcement released on Friday. The ...